YIWU CCC(SH:600415)2023-04-11 16:00Financial Performance - The company's operating revenue for Q1 2023 was CNY 2,120,334,936.46, representing a year-on-year increase of 32.69%[5] - Net profit attributable to shareholders reached CNY 1,222,157,366.22, marking an 81.80% increase compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,079,552,858.79, up by 64.52% year-on-year[5] - Basic and diluted earnings per share were both CNY 0.22, reflecting an increase of 83.33%[5] - The weighted average return on equity rose to 7.69%, an increase of 3.18 percentage points compared to the previous year[5] - Total operating revenue for Q1 2023 reached ¥2,120,334,936.46, a 32.7% increase from ¥1,597,965,861.91 in Q1 2022[16] - Net profit for Q1 2023 was ¥1,220,812,093.87, up 82.0% compared to ¥670,276,635.13 in Q1 2022[16] - Operating profit for Q1 2023 was ¥1,373,160,601.19, an increase of 76.7% from ¥776,116,391.29 in Q1 2022[16] - Total comprehensive income for Q1 2023 was ¥1,232,375,402.82, significantly higher than ¥594,178,464.64 in Q1 2022[16] - Net profit for Q1 2023 was ¥1,226,595,300.20, up 70.1% compared to ¥720,748,744.80 in Q1 2022[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 32,115,021,441.26, showing a slight increase of 0.01% from the end of the previous year[5] - Shareholders' equity attributable to the parent company was CNY 16,538,483,930.21, up by 8.36% from the previous year[5] - As of March 31, 2023, total assets amounted to CNY 32.12 billion, slightly up from CNY 32.11 billion at the end of 2022[14] - Total liabilities decreased to CNY 15.57 billion from CNY 16.83 billion year-on-year[14] - Total assets as of March 31, 2023, amounted to ¥31,348,486,351.60, a slight increase from ¥30,985,866,344.60 at the end of 2022[19] - The total liabilities decreased to ¥14,286,709,065.14 from ¥15,211,301,497.08, a reduction of 6.1%[19] - The company's total equity attributable to shareholders increased to ¥17,061,777,286.46 from ¥15,774,564,847.52, reflecting a growth of 8.2%[19] Cash Flow - The company reported a net cash flow from operating activities of -CNY 310,531,782.92, which is not applicable for year-on-year comparison[5] - Cash flow from operating activities showed a net outflow of ¥310,531,782.92, an improvement from a net outflow of ¥658,351,559.97 in Q1 2022[18] - Cash flow from investing activities resulted in a net outflow of ¥463,223,277.07, slightly better than the net outflow of ¥476,031,377.42 in Q1 2022[18] - Cash inflows from financing activities amounted to CNY 2,199,502,777.78, compared to CNY 3,142,000,000.00 in Q1 2022, a decline of approximately 30%[22] - The company experienced a net decrease in cash and cash equivalents of CNY -436,872,565.79, contrasting with an increase of CNY 25,336,952.30 in Q1 2022[22] - The ending balance of cash and cash equivalents was CNY 994,949,824.80, down from CNY 3,552,454,024.86 at the end of Q1 2022[22] Market Performance - In January-February 2023, Yiwu's total import and export value reached CNY 79.19 billion, a year-on-year increase of 7.4%, outperforming Zhejiang Province by 12.2 percentage points[12] - Exports to the EU amounted to CNY 10.43 billion, growing by 20.5%, while trade with countries along the "Belt and Road" totaled CNY 32.96 billion, up 8.2% year-on-year[12] - The average daily foot traffic in the Yiwu International Trade City exceeded 200,000, with daily foreign visitors increasing by 30.3% to 1,646[13] - The average daily vehicle traffic reached 88,593, marking a year-on-year growth of 23.4%[13] - The total GMV of the "Market Goods" series activities reached CNY 22.6 million, attracting 560,000 buyers[13] Research and Development - Research and development expenses rose to ¥5,871,059.82, a 100.0% increase from ¥2,926,743.08 in Q1 2022[16]